Bill Gross: The train left the station back in 2014.
Here is a man who was once admired by all in the financial world, as the greatest Bond King of all time. Then Obama became President and like Donald Trump, Bill Gross started to unravel. HIs recommendations had become less fact based and more "gut" and political opinion based. Then his strange behavior at the 2014 Morningstar conference left everyone bewildered. He was the keynote speaker and according to Lisa Shidler, “Wearing sunglasses, comparing himself to Justin Bieber and making his desire to bribe journalists known (albeit in jest) baffled observers.” 1
In a recent interview with Forbes, Bill Gross wants the U.S. Government to guarantee income for us all because robots are taking away our ability to earn income. 2 If Mr. Gross is saying these things to attract attention kudos to him. If not, it may be time to consider not speaking to the press. I would rather remember him as he was and not the gimmicky guy he has become.
These are the opinions of Emma I Foulkes and not necessarily those of Cambridge, are for informational purposes only, and should not be construed or acted upon as individualized investment advice." Thank you.